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23 Oct 2026•
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Gujarat Targets Korean Textile Firms, Highlights PM MITRA Park for Investment
📷 Image: Wikimedia Commons / Prime Minister's Office
Business

Gujarat Targets Korean Textile Firms, Highlights PM MITRA Park for Investment

✍️ The Times of India 🗓 23 Oct 2026, 11:16 AM 👁 22
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The Gujarat government is actively courting Korean textile companies to invest in the state, showcasing the PM MITRA Park as a prime location for new ventures.

The Gujarat government has announced a new initiative to attract foreign investment in the textile sector, focusing on Korean firms. The state has identified PM MITRA Park, a dedicated industrial zone, as a key asset for hosting textile manufacturing units. Officials highlighted incentives such as tax breaks, streamlined approvals, and access to skilled labor. The move comes amid a broader push to boost Gujarat's textile exports and create jobs.
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